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Program Cost Controls Principal Specialist

Job in Tewksbury, Middlesex County, Massachusetts, 01876, USA
Listing for: Raytheon
Full Time position
Listed on 2026-07-08
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 86800 - 165200 USD Yearly USD 86800.00 165200.00 YEAR
Job Description & How to Apply Below

Location: Tewksbury, MA (50 Apple Hill Dr, Concord Building)

Position: Principal Specialist, Program Cost Controls (P3)

Role Type: Onsite

U.S. Citizenship

Required:

Yes, only U.S. citizens are authorized to access information under this program/contract.

Security Clearance: None/Not Required

Responsibilities
  • Support program managers and cross‑functional teams with financial reporting and internal control activities.
  • Support Earned Value Management (EVM) and FP&A activities, proposal efforts, and financial analysis requirements.
  • Prepare earned value reporting, including cost, schedule, and financial analysis using company systems and processes.
  • Perform weekly, monthly, and quarterly variance analysis and reporting.
  • Update financial reports and presentations for program leadership.
  • Develop and support quarterly Estimates at Completion (EACs) and monthly Latest Revised Estimates (LREs).
  • Process approved Budget Change Requests (BCRs) and maintain associated control system updates.
  • Support monthly FP&A reporting activities.
  • Support financial tool implementations and process improvement initiatives.
  • Support contractual EVMS implementation and maintenance activities.
  • Perform data analysis and variance reporting.
Qualifications You Must Have
  • Bachelor’s degree in Accounting, Finance, Business Administration, or related field and minimum 5 years of relevant experience; or advanced degree and minimum 3 years of relevant experience.
  • Experience using Microsoft Excel, Word, and PowerPoint.
  • Experience using ERP systems such as SAP, PRISM, or AO Reporting.
  • U.S. citizenship (required).
Preferred Qualifications
  • Experience with Earned Value Management (EVM) and Estimates at Completion (EACs).
  • Advanced Microsoft Excel skills (pivot tables, formulas, data analysis tools).
  • Experience performing financial and variance analysis.
  • Ability to identify and resolve financial reporting issues.
  • Strong communication skills with cross‑functional teams.
  • Experience managing assigned work activities and deliverables.
  • Experience organizing, analyzing, and reporting large data sets.
What We Offer
  • Competitive salary range: $86,800 – $165,200 USD.
  • Comprehensive benefits package including medical, dental, vision, life insurance, short‑term and long‑term disability, 401(k) match, flexible spending accounts, and employee assistance program.
  • Paid time off, holidays, and flexible work schedules.
  • Parental leave (including paternal), educational assistance, achievement awards, and backup care for children and adults.
  • Career development and recognition programs.

Equal Opportunity Employer
RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified individuals with disabilities and protected veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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